40, CENTRAL AVENUE, SOUTH SHIELDS, NE34 6AZ - £387,250

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 CENTRAL AVENUE is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £387,250 in January 2024, which was around 38% above the average January 2024 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

40 CENTRAL AVENUE Sold Prices

Land registry data shows four sales for 40 CENTRAL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the four 40 CENTRAL AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 25 JAN	£387,250	£280,904	38% above HPI
2015 27 FEB	£280,827	£209,515	34% above HPI
2009 31 MAR	£250,000	£190,751	31% above HPI
2000 31 AUG	£134,950	£98,654	37% above HPI

40 CENTRAL AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The four 40 CENTRAL AVENUE sales between August 2000 and January 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2024 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 40 CENTRAL AVENUE?

40 CENTRAL AVENUE is 128m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 40 CENTRAL AVENUE lies on this distribution: 69% of detached houses are smaller than 40 CENTRAL AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in South Shields.

40 CENTRAL AVENUE: Plot and Title Map

40 CENTRAL AVENUE sits on a plot of roughly 0.133 of an acre, or 536m². The below map shows the location of 40 CENTRAL AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 CENTRAL AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 CENTRAL AVENUE?

40 CENTRAL AVENUE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 40 on CENTRAL AVENUE.